Some 342m of UK investments will help fund Chinese debt as Communist Party bonds are upgraded by the London Stock Exchange
- Chinese Communist Party to list its bonds on the World Government Bond index
- Promotion to the global index gives China access to much larger pools of capital
- UK funds have already invested 3billion in Chinese sovereign bonds
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Hundreds of millions of pounds of British investments are set to be ploughed automatically into Chinese government debt.
Calculations for the MoS reveal that 342million held in UK funds is set to flow into the Communist country’s national coffers after Chinese gove…
Read the full article at: https://www.thisismoney.co.uk/money/markets/article-8802017/Some-342m-UK-investments-help-fund-Chinese-debt.html
